Princeton to launch $1.75B capital campaign

<p>The University will launch a five-year, $1.75 billion fundraising campaign Nov. 9, administrators and trustees confirmed yesterday.</p>

<pre><code>The campaign, the University's first since the completion of a $1.14 billion capital campaign in 2000, will support the major stated initiatives of President Tilghman's administration, including the creative and performing arts neighborhood, the engineering school, the neuroscience institute, financial aid, international outreach and campus life issues.

"All of us who have been involved in this see this as a tremendous opportunity to make Princeton an even better university than it is," Tilghman said in an interview. "A hallmark of Princeton is that it has always been striving to be better."
</code></pre>

<p><a href="http://www.dailyprincetonian.com/archives/2007/09/19/news/18622.shtml%5B/url%5D"&gt;http://www.dailyprincetonian.com/archives/2007/09/19/news/18622.shtml&lt;/a&gt;&lt;/p>

<p>princeton's endowment stands at $14.8 billion as of march 31, 2007. at current rates of growth, it could realistically, by the end of this capital campaign at reunions in 2013, be in the neighborhood of $40 billion.</p>

<p><a href="http://www.bloomberg.com/apps/news?pid=20601087&sid=acoKx2JM28Eo&refer=home%5B/url%5D"&gt;http://www.bloomberg.com/apps/news?pid=20601087&sid=acoKx2JM28Eo&refer=home&lt;/a&gt;&lt;/p>

<p>...do i smell drastically reduced tuition in the air?</p>

<p>no. 1.75 isn't even that much, as the article points out (compared to schools with larger graduate and professional schools)</p>